As of April 01, 2025, the average annual salary for an Underwriter V in Gary, IN is $132,745. According to Salary.com, salaries can range from a low of $105,722 to a high of $161,744, with most professionals earning between $118,600 and $147,924.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $147,924 | $12,327 | $2,845 | $71 |
| Average | $132,745 | $11,062 | $2,553 | $64 |
| 25th Percentile | $118,600 | $9,883 | $2,281 | $57 |
An entry-level Underwriter V with under 1 year experience makes about $127,045. With less than 2 years of experience, a mid-level Underwriter V makes around $128,100. After 2-4 years, the Underwriter V pay rises to about $128,523. Those senior Underwriter V with 5-8 years of experience earn roughly $130,634, and those Underwriter V having 8 years or more experience are expected to earn about $132,323 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $127,045 |
| Intermediate Level Underwriter V | $128,100 |
| Senior Level Underwriter V | $128,523 |
| Specialist Level Underwriter V | $130,634 |
| Expert Level Underwriter V | $132,323 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 1% |
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